Warren Buffett. Warren Edward Buffett (born August 30, 1930) is an American investor, businessman, and philanthropist. He is one of the most successful investors in history, the primary shareholder and CEO of Berkshire Hathaway, and in 2008 was ranked by Forbes as the richest person in the world. The best quotations and sayings about business with comments.
I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that. “I'm paying $32 billion today for the Coca-Cola Company because…” If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.
The most important quality for an investor is temperament, not intellect... You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
Risk comes from not knowing what you're doing.
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Rule №1: “Never lose money”.;
Rule №2: “Never forget rule №1”
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
Never invest in a business you cannot understand.
It takes 20 years to build a reputation and five minutes to lose it.